Robert Besser
05 Feb 2023, 16:55 GMT+10
TOKYO, Japan: Honda has announced that it will manufacture a new hydrogen fuel cell system, which was jointly developed with General Motors (GM).
This week, Honda announced that it will target annual sales of 2,000 hydrogen vehicles by the middle of this decade, with the aim of increasing this figure to 60,000 units per year by 2030.
It also aims to expand the use of its hydrogen system not only for its own fuel cell electric vehicles, but also commercial vehicles, such as heavy trucks.
During an event in Tokyo, Honda senior managing executive director Shinji Aoyama said the company will begin producing the hydrogen fuel cell system this year, through a joint venture with the US General Motors.
Tetsuya Hasebe, general manager of Honda's hydrogen business development division, also said, "While commercial vehicles are in use all over the world, they will likely see electrification, just as with passenger cars," as quoted by Reuters.
Get a daily dose of Salt Lake City Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Salt Lake City Sun.
More InformationLONDON, England: Reuters has reported that struggling Virgin Orbit, owned by billionaire Richard Branson, is nearing a $200-million investment deal ...
NEW YORK CITY, New York: To comply with the requirements of the "Made in America" laws, a $7.5 billion federal ...
LONDON, England: During a Bloomberg conference held in London this week, Luke Ellis, CEO of hedge fund Man Group, said ...
NEW YORK, New York - Wall Street jumped on Friday, although gains were modest after bank shares in Europe came ...
LOS ANGELES, California: Some 30,000 education workers in Los Angeles, backed by teachers, went on a three-day strike, canceling school ...
LONDON, England: Despite rising air fares, a potential global economic recession and risks of gridlock at some airports in Europe ...
Washington DC [US], March 26 (ANI): After a Washington DC-based Indian journalist was attacked by Khalistan supporters, the Indian embassy ...
Mikal Bridges scored 27 points and the Brooklyn Nets snapped a season-worst, five-game losing streak by putting together a dominant ...
A brace by Christian Ramirez and the first career goals by Aidan Morris, Philip Quinton and Max Arfsten helped shorthanded ...
Kei Kamara's goal in the 92nd minute lifted the visiting Chicago Fire FC to their first win of the season, ...
With the Portland Trail Blazers drowning in defeats, seven-time All-Star guard Damian Lillard likely won't be seen on the court ...
Free agent linebacker Bobby Wagner is returning to the Seattle Seahawks on a one-year, $7 million deal, multiple media outlets ...